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Executive pay is attracting a lot of attention in Australia and world-wide. Tournament Theory states that, the greater the difference between your and your boss’s pay, the harder you (and everyone else!) will work. Discuss executive pay in the light of Tournament Theory.

Executive pay is attracting a lot of attention in Australia and world-wide. Tournament Theory states that, the greater the difference between your and your boss’s pay, the harder you (and everyone else!) will work. Discuss executive pay in the light of Tournament Theory.

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